Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M
SOLD
$1,150,000
Illinois
See Similar DealsMultiFamily7,405 SF
Sold 09/07/2021
SOLD
Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M
4119 North Ashland Avenue, Chicago, IL 60613, USA
See Similar DealsMultiFamily7,405 SF
Sold 09/07/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$155
Total Square Footage:7,405 SF
Transaction Type:Sale
An undisclosed multifamily property in Chicago has been sold for a price of $1,150,000. The property is located at 4119 N Ashland Ave.
Summary of transaction details
- Property Type: Multifamily
- Date: 09/07/2021
- Buyer's Rep: Jason O'Beirne - Jameson Sotheby's Intl Realty
- Seller's Rep: Mary Nack - Compass
- Market: Chicago
The buyer's representative in this transaction was Jason O'Beirne from Jameson Sotheby's Intl Realty and the seller's representative was Mary Nack from Compass.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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